To improve access of the poor to banking, RBI has advised banks to open branches with minimum infrastructure supporting up to 8 to 10 Business Correspondents (BC) at a reasonable distance of 3-4 km. Such branches are known as [IBPS 2013]

To improve access of the poor to banking, RBI has advised banks to ope

1.	To improve access of the poor to banking, RBI has advised banks to open branches with minimum infrastructure supporting up to 8 to 10 Business Correspondents (BC) at a reasonable distance of 3-4 km. Such branches are known as [IBPS 2013]
A.	Nodal branches
B.	Micro branches
C.	Mini branches
D.	Ultra small branches
E.	Satellite branches
Answer» E. Satellite branches

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To improve access of the poor to banking, RBI has advised banks to open branches with minimum infrastructure supporting up to 8 to 10 Business Correspondents (BC) at a reasonable distance of 3-4 km. Such branches are known as [IBPS 2013]

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